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Apr 20, 2013
04/13
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yet, promoting human rights isn't a foreign policy. it is not a foreign policy priority because it is the right thing to do. it's tied to our own security. it is tied to the possibilities of prosperity an nations living by rule of law and of nations living in peace. countries where strong human rights prevail are countries where people do better. economies thrive, rule of law are stronger, governments are more effective and they are countries that leade wod stage and project stability across their regions. strong respect for human rights isn't just an indicator that a country is doing well, it unleashes a country's potential and helps to advance growth and progress. i ask you to think of a country like berma for a minute. cause of steps towards democratic reform and stronger human rights protections a country that has been isolated for years is now making progress. has it reach wrd we want it to be? no but it is on the road and it is moving. more people are participating it ding to faster growth and development. by starting to embrace
yet, promoting human rights isn't a foreign policy. it is not a foreign policy priority because it is the right thing to do. it's tied to our own security. it is tied to the possibilities of prosperity an nations living by rule of law and of nations living in peace. countries where strong human rights prevail are countries where people do better. economies thrive, rule of law are stronger, governments are more effective and they are countries that leade wod stage and project stability across...
WHUT (Howard University Television)
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Apr 16, 2013
04/13
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WHUT
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foreign policy as anyone. i don't support interventionism but you don't want to go so far in the other direction that you start, you know, cozying up to tin pot african dictators like qaddafi, assad, and the one in belarus who is still running the kgb and backing up the chinese in their clamp-down in tibet. in many ways i think... >> charlie: ahmadinejad. ahmadinejad who is anti-semetic amongst other issues which the left does not want to talk about because of the taboos. i understand the impulse. you want to counteract the u.s. chavez was under pressure from the bush administration. i understand that. you don't want to go so far in the other direction that you sort of drag the left through the mud. i think that maduro was very uncreative an ideological foreign minister. at a certain point i wondered why not craft a certain kind of foreign policy that is a lot more ininnovative. climate change, for example. it rails against the global north for consuming oil. it's hypocritical because venezuela has exported bi
foreign policy as anyone. i don't support interventionism but you don't want to go so far in the other direction that you start, you know, cozying up to tin pot african dictators like qaddafi, assad, and the one in belarus who is still running the kgb and backing up the chinese in their clamp-down in tibet. in many ways i think... >> charlie: ahmadinejad. ahmadinejad who is anti-semetic amongst other issues which the left does not want to talk about because of the taboos. i understand the...
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Apr 18, 2013
04/13
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CSPAN
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there is nothing foreign about foreign policy anymore. smartcan make the small,. w vestments upfront and avoid more costly conflicts and greater burdens down the road. , we'vepast few months seen developments underscore the state -- stakes for having a strong and -- strong american presence in the world. that was a positive step toward stability in the volatile region of the world where we need partnerships. the committee is more than immersed in suyyruiaia. we have treated millions to humanitarian relief -- we have provided millions to humanitarian relief. i expect we will talk about syria somewhat today. having returned from beijing and north koreathe issue took center stage, we are reminded once again that america is the guardian of global security. we should be proud of that. one not turn our back on keys nor will we hesitate what we need to do to defend our allies. if budget is an analyst patient of our values and priorities -- this budget is an illustration of our values and priorities. i have a record of wanting to do deficit reduction. we are grappling wit
there is nothing foreign about foreign policy anymore. smartcan make the small,. w vestments upfront and avoid more costly conflicts and greater burdens down the road. , we'vepast few months seen developments underscore the state -- stakes for having a strong and -- strong american presence in the world. that was a positive step toward stability in the volatile region of the world where we need partnerships. the committee is more than immersed in suyyruiaia. we have treated millions to...
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Apr 19, 2013
04/13
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CSPAN
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president obama has made this a critical component of his foreign policy, and obviously, this just emphasizes that. >> [inaudible question] >> the mexicoan government has expressed its interest in that agenda. in that regard, bringing president obama to mexico, what programs can we expect along the road and secretary kerry, -- >> [inaudible] >> some countries in latin american countries were on the back burner for several years. is it your express intent to reach out to the region? >> we have agreed to enlarge our agenda, and we are going to be talking about initiatives that have to do with high level engagement into our economic dialogue. we will be talking and find a mechanism to talk in terms of the vocation, research and innovation. so those issues and structures around them will be on the agenda, and the talks, initially discussed by president obama and president nieto. >> the answer is profoundly, yes, we do intend, i intend to, personally. and, in fact, i had intended to try to travel to the region next week, but because of the events this week, and because of some other things happeni
president obama has made this a critical component of his foreign policy, and obviously, this just emphasizes that. >> [inaudible question] >> the mexicoan government has expressed its interest in that agenda. in that regard, bringing president obama to mexico, what programs can we expect along the road and secretary kerry, -- >> [inaudible] >> some countries in latin american countries were on the back burner for several years. is it your express intent to reach out to...
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Apr 20, 2013
04/13
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CSPAN
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promoting human rights and not a foreign policy priority because it is the right thing to do. securityd to our own and the possibilities of prosperity and nations living by the rule of law and in peace. countries were strong human rights prevail our countries where people to better. economies thrive, rule of law and stronger, governments are more effect than responsive. -- and responsive. there are countries lead on the world stage and project. a country is likely doing well -- it unleashes a country's potential and helped advance growth and progress. i ask you to think of a country like burma. towardsof steps democratic reform and stronger human rights protections, a country that had been isolated for years is now making progress. has it reached wehrehere we want to be? no but it's on the road and moving. by starting to embrace universal rights, the burmese government has opened doors to a stronger partnership the neighborhood in countries around the world. many challenges remain. be rooted out.to remaining political prisoners the to be freed and horrible mob violence of rece
promoting human rights and not a foreign policy priority because it is the right thing to do. securityd to our own and the possibilities of prosperity and nations living by the rule of law and in peace. countries were strong human rights prevail our countries where people to better. economies thrive, rule of law and stronger, governments are more effect than responsive. -- and responsive. there are countries lead on the world stage and project. a country is likely doing well -- it unleashes a...
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Apr 19, 2013
04/13
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is not a human rights foreign policy. it is not a foreign policy priorities and because it is the right thing to do. it is tied to our own security. it is tied to the possibility of prosperity and nation's living by rule of law. countries were strong human- rights prevail are countries where people do better. economy strive, rules of law are better. there are countries that lead on the world's station project stability across the regions. strong respect for human rights is not merely an indicator that the country is likely doing unleashes a country's potential. it helps to advance growth and progress. of a countrythink like burma for a minute. because of its steps towards democratic reform, a country that has been isolated for years is now making progress. has it reached for rwanda to be? no. but it is on the road. it is moving. more people are contributing to the economy and participating in the government, leading to faster growth and development. by starting to embrace universal rights the government is opening the doo
is not a human rights foreign policy. it is not a foreign policy priorities and because it is the right thing to do. it is tied to our own security. it is tied to the possibility of prosperity and nation's living by rule of law. countries were strong human- rights prevail are countries where people do better. economy strive, rules of law are better. there are countries that lead on the world's station project stability across the regions. strong respect for human rights is not merely an...
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Apr 22, 2013
04/13
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CSPAN2
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and yet promoting human rights isn't a foreign policy, and it's not a foreign policy priority simply because it's the right thing to do. it's time to our own security. it's tied to the possibilities of prosperity and of nations living by rule of law and of nation's living in peace. countries where strong human rights prevail our countries where people do better, economies thrive, rule of law is stronger, governments are more effective and more responsive, and they are countries that lead on the world stage and project stability across their regions. strong respect for human rights isn't merely an indicator that a country is likely doing well. it actually unleashes a countries potential, and it helps to advance growth and progress. so i ask you just to think of the country like burma for a minute. because of steps towards democratic reform and stronger human rights protections, a country that had been isolated for years is now making progress. as it reached where we wanted to be? know, but it's on the road. it's moving. and more people are contributed economy and participating in the
and yet promoting human rights isn't a foreign policy, and it's not a foreign policy priority simply because it's the right thing to do. it's time to our own security. it's tied to the possibilities of prosperity and of nations living by rule of law and of nation's living in peace. countries where strong human rights prevail our countries where people do better, economies thrive, rule of law is stronger, governments are more effective and more responsive, and they are countries that lead on the...
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Apr 16, 2013
04/13
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CSPAN
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day-to-day policies for the previous decade. that takes us back to the early 1980's. if you want to get into real inside baseball, north koreaian media was talking about the rise of the party center in the 1970's. party center being eventually debuted as kim jung il. he had about a quarter century of grooming before becoming the king. he had a long time to consolidate authority. with with his hands on the dashbored, he-dived the plane. he was the only -- he more or less destroyed the institutions of party and state. so by the late 1990's and early 2000's there was no correspondence between what the party was supposed to look like and what the cabinet and state system was supposed to look like and the way he was operating the government. he was more or less running the country out of his bathtub with a couple of police secret forces to help. he paid no attention whatsoever to continuing the dynasty. he was completely feckless on this. there was no consideration who was going to rule next until he had his stroke. then they had to
day-to-day policies for the previous decade. that takes us back to the early 1980's. if you want to get into real inside baseball, north koreaian media was talking about the rise of the party center in the 1970's. party center being eventually debuted as kim jung il. he had about a quarter century of grooming before becoming the king. he had a long time to consolidate authority. with with his hands on the dashbored, he-dived the plane. he was the only -- he more or less destroyed the...
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foreign policy moving forward. i don't think this will have any particular impact at all on u.s. foreign policy i think that it will continue to highlight to american officials this important to have strong connections with counterterrorism officials in other countries for example here russia a relationship that traditionally people look at the u.s. russia relationship is a troubled one clearly they still have quite strong and effective counterterrorism cooperation their agencies were talking to each other a couple years ago when mosco flagged concerns about the older of these two brothers so i think that you know the lesson they will draw from this is that these connections are important but i do think we're going to see some grander shift in u.s. foreign policy as a result of this accident and finally briefly if possible no worries briefly if possible the united states or do you think that this will bring the focus on the war on terror back to mess stickley from the foreign perspective that it's having since well i think that frankly we've seen increased focus on domestic count
foreign policy moving forward. i don't think this will have any particular impact at all on u.s. foreign policy i think that it will continue to highlight to american officials this important to have strong connections with counterterrorism officials in other countries for example here russia a relationship that traditionally people look at the u.s. russia relationship is a troubled one clearly they still have quite strong and effective counterterrorism cooperation their agencies were talking...
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Apr 23, 2013
04/13
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immigration policy and previously worked at the financial times with the washington bureau chief there. from norths us now branford, connecticut on our independent line. caller: good morning. i am in disagreement with your guest. he says there is no problem on immigration. watched c-span and heard the calls come in about immigration yucca guest: -- host: they are against immigration? let's let him give his take on the immigration issue. talkinge have been about the boston issue. that is a screening history. there is a broader issue of immigration reform in washington. we have an 840 four page bill drawn up by the so-called gang of eight. hearing in the senate judiciary committee today. this is a big bill and raises issues far beyond the boston bombings. if you actually look at public opinion polls, most americans either say we have enough immigration now, or somewhat too much. it is a small minority of americans calling for more immigration. generally, americans are happy with the numbers coming in right smaller to see them than they are currently. when look at bill, it basically juggl
immigration policy and previously worked at the financial times with the washington bureau chief there. from norths us now branford, connecticut on our independent line. caller: good morning. i am in disagreement with your guest. he says there is no problem on immigration. watched c-span and heard the calls come in about immigration yucca guest: -- host: they are against immigration? let's let him give his take on the immigration issue. talkinge have been about the boston issue. that is a...
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Apr 16, 2013
04/13
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those families have skin in the game of foreign policy, but if you don't a son or daughter in uniform, husband or wife in uniform, where is your skin in that game when you're not paying for those decisions? and when we make decisions that we don't have to pay for, we make bad decisions. i agree with the president. folks need to pay their fair share. i think we all need to have some skin in the game. folks who make more ought to pay more. folks who make less ought to pay less. but we are all members of the board of directors of the united states of america, mr. speaker. all 320 million of us sit on the board of directors of the united states of america, and yet you ought to have skin in the game when you are making decisions about high this organization runs. how do we create revenue? how do we reduce deficits? how do we make sure folks are paying their fair share? the good news is, mr. speaker, the president's aware of the fair tax. i am not willing to call him a fair tax president. i don't think the president's quite onboard, we are not going to wait on the president to be onboard. w
those families have skin in the game of foreign policy, but if you don't a son or daughter in uniform, husband or wife in uniform, where is your skin in that game when you're not paying for those decisions? and when we make decisions that we don't have to pay for, we make bad decisions. i agree with the president. folks need to pay their fair share. i think we all need to have some skin in the game. folks who make more ought to pay more. folks who make less ought to pay less. but we are all...
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foreign office to rethink the policy and the campaigns gaining momentum over sixty thousand people have signed an online petition urging the british foreign secretary to offer a bulk resettlement program while the politicians think it over and here the men that risked their lives to help british forces say that the waiting game is getting deadlier by the day we were. helping the people but all they see is that reward with the aggression forces in afghanistan which are so-called the no two forces or eyes of forces but to every other. of the national. aggression forces and once they leave the people who are in danger and will pay. for the wrongdoings of the americans who we deal with going into troops and their families. london. angry subs filled the streets saying they feel betrayed accuse the government of selling them out after murdering a recognition deal with coleslaw in pursuit of political profit that are now left right. so that gunmen trying to hold up a citizen to shop and what's on russia leave six people dead including to teenage girls but the details have to alter it all. stay
foreign office to rethink the policy and the campaigns gaining momentum over sixty thousand people have signed an online petition urging the british foreign secretary to offer a bulk resettlement program while the politicians think it over and here the men that risked their lives to help british forces say that the waiting game is getting deadlier by the day we were. helping the people but all they see is that reward with the aggression forces in afghanistan which are so-called the no two...
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foreign office to rethink the policy and campaign is gaining momentum over sixty thousand people have signed an online petition urging the british foreign secretary to offer a bulk resettlement program while the politicians think it over and here the men that risked their lives to help british forces say that the waiting game is getting deadlier by the day we will be. helping the people but all they see is that reward with the aggression forces in africa. which are so-called the nato forces or by so forces but to every other. of the national. aggression forces and once they leave the people who are endangered and will pay. for the some wrongdoings of the americans will be deodorant interpreters and their families. r.t. london. filled the streets saying they feel betrayed they accuse the government of selling them out after brokering a recognition deal with but in pursuit of political profit one of the website. and a gunman trying to hold up a city center shop in western russia leaves six people dead including two teenage girls but he's has had to answer a lot of. modern the struggle f
foreign office to rethink the policy and campaign is gaining momentum over sixty thousand people have signed an online petition urging the british foreign secretary to offer a bulk resettlement program while the politicians think it over and here the men that risked their lives to help british forces say that the waiting game is getting deadlier by the day we will be. helping the people but all they see is that reward with the aggression forces in africa. which are so-called the nato forces or...
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Apr 23, 2013
04/13
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now, we saw largely in the first term that they did approve his numbers on foreign policy and terrorism were usually pretty good. they took a little bit of a hit of after benghazi, but it wasn't a fatal hit as we now know. and so part of that is are there more attacks that we thwart, any more attacks that are pulled off, and do people feel secure? that's going to take time for us to learn and, also, what did we learn about boston? did an arm of the administration whether it was the fbi or homeland security make a mistake, or was this one of those cases, you know, like they say you can stop things 10,000 times, it's the one time that gets you. jon: one bit of political news this morning was announced, and i wanted to get your reaction to it. max baucus, the finance committee chairman in the senate, the guy who sort of shepherded obamacare through the senate, announced he's going to retire at the end of his term in early 2015. he's a democrat in a conservative state. what does that do, first of all, for the republicans' prospects of retaking the senate? >> well, jon, it looks really good
now, we saw largely in the first term that they did approve his numbers on foreign policy and terrorism were usually pretty good. they took a little bit of a hit of after benghazi, but it wasn't a fatal hit as we now know. and so part of that is are there more attacks that we thwart, any more attacks that are pulled off, and do people feel secure? that's going to take time for us to learn and, also, what did we learn about boston? did an arm of the administration whether it was the fbi or...
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domestic and foreign policy is about well so worried at stake and ongoing crisis. we have a close election that's going to decide really a very important concern we all know what it is sixty three letter word or oil the system because who's going to control future of venezuelan oil there's no question that the u.s. has had a stake and pumping millions of dollars into opposition groups in better is a whale and we have documentation from wiki leaks that the u.s. state department has called the former president chavez the enemy and talked about the importance of dividing of these moles and other portions of us standing up for u.s. business concerns in south america that as you say show in a washington has been trying to push its agenda in the region but does it have to offer it was even recently up until recent years that saudi arabia was thought to have the largest single oil reserves on the planet but the in venezuela and that's the big prize the u.s. is the global head tomorrow and it's the gold bully but it's a desperate and desperate situation right now it's been
domestic and foreign policy is about well so worried at stake and ongoing crisis. we have a close election that's going to decide really a very important concern we all know what it is sixty three letter word or oil the system because who's going to control future of venezuelan oil there's no question that the u.s. has had a stake and pumping millions of dollars into opposition groups in better is a whale and we have documentation from wiki leaks that the u.s. state department has called the...
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and domestic policy remains to be seen a media frenzy surrounding the bombings the united states has not seen a similar act in years officials are saying the investigation is still very fluid but the majority of questions yet to be answered who and why was behind the attack and how secure really is the united states of today over the last decade the u.s. has pumped enormous resources into security and steps often criticised for breaching the rights of u.s. citizens and foreigners alike but what are the results and have all these efforts created anything more than an illusion of safety in. boston massachusetts. authorities have received thousands of tips photos and videos as they continue the search for suspects focusing on people carrying heavy bags or backpacks to try and find out who may have planted these explosives well social media users have contributed by searching through images and sharing information brian becker an antiwar activist believes america's reliance on its military to keep itself safe abroad as now affected its domestic security. since september eleventh the unit
and domestic policy remains to be seen a media frenzy surrounding the bombings the united states has not seen a similar act in years officials are saying the investigation is still very fluid but the majority of questions yet to be answered who and why was behind the attack and how secure really is the united states of today over the last decade the u.s. has pumped enormous resources into security and steps often criticised for breaching the rights of u.s. citizens and foreigners alike but what...
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Apr 24, 2013
04/13
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MSNBCW
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said it was the heart of american foreign policy. it's a great idea. i think they're right in the idea is economic state craft, jobs at home, aboard, jobs in the middle east. they didn't implement. part of it's congress, but again, i hear from people on the hill, they didn't talk to them. she proposed this $5 million incentive fund, but wouldn't give congress any details about how they're going to spend it. dead on arrival. john kerry proposed it last week. we'll see if he has more luck. >> so, what do we do in a place like syria where we were -- the fact in the fall that 20,000 have been killed. now, we're bemoaning the fact that 25,000 have been killed. if this had happened in europe, we'd be there. >> i was in bosnia -- >> kosovo. the killings never reached that level. and yet, we stormed in and stayed there for a very long time. the middle east in this case, we're staying out of there. and perhaps we need to stay out of there, but you know the books and the articles and the essays that are going to be written a decade from now about the blood on th
said it was the heart of american foreign policy. it's a great idea. i think they're right in the idea is economic state craft, jobs at home, aboard, jobs in the middle east. they didn't implement. part of it's congress, but again, i hear from people on the hill, they didn't talk to them. she proposed this $5 million incentive fund, but wouldn't give congress any details about how they're going to spend it. dead on arrival. john kerry proposed it last week. we'll see if he has more luck....
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Apr 20, 2013
04/13
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CSPAN2
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i read sometimes left-wing authors who think america's foreign policies this steaming economic thing to grab every spare penny anywhere to be found in the world. that's implemented by certain aspects of our policy at the state department and the diplomats generally are quite insistent on this vote they assume america has the strongest economy in the world and always will have the u.s. does need to maintain serious commercial services the way foreign countries do that promote or exports abroad. they sort of do but there is no comparison to other nations which view protecting their export interest as a key goal of their diplomats abroad so yeah you're basically right on that. >> hi. it's nice to see you. my question is concerning foreign american investments. so in her book -- claimed that between 1988 to 2008 the u.s. government took nearly 2000 proposal applications for business in the united states so as you know the government can give more tax revenue so do you support full investment and what do you think about it? thank you very much. appreciate it. >> okay. the standing institu
i read sometimes left-wing authors who think america's foreign policies this steaming economic thing to grab every spare penny anywhere to be found in the world. that's implemented by certain aspects of our policy at the state department and the diplomats generally are quite insistent on this vote they assume america has the strongest economy in the world and always will have the u.s. does need to maintain serious commercial services the way foreign countries do that promote or exports abroad....
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Apr 20, 2013
04/13
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france is a wonderful country, but by the way, it make -- look, if you look at foreign policies, you can see europe is as it is and germany, and ask what we never can do because we have the history of france. italy, for superran integration at well but without france it will never. so, of course i would prefer to have the stronger position of france, but by the way, i am optimistic that they will say -- the are doing a lot of making reforms, as they implemented some -- make a lot of decisions. they would not have -- cut expenditures, deficit by cutting expenses, and relation is two-thirds cutting and one-third -- maybe you can send from one from the negotiation team to palace to help, and overcome the different position. uk would have been better from the very beginning if uk would have combine itself as part of the european continent, but they didn't. but of course, mentioned continental europe. not uk. if you look at -- we have situation -- at if you look at e situation properly, and has to be careful. i think it's -- my -- the more we succeed in our common european -- the sooner u
france is a wonderful country, but by the way, it make -- look, if you look at foreign policies, you can see europe is as it is and germany, and ask what we never can do because we have the history of france. italy, for superran integration at well but without france it will never. so, of course i would prefer to have the stronger position of france, but by the way, i am optimistic that they will say -- the are doing a lot of making reforms, as they implemented some -- make a lot of decisions....
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Apr 17, 2013
04/13
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CNBC
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and obviously one contentious p policy was power between employers and trade unions. arguably now the u.k. has a much better industrial relations record than it did before 1979. >> you have to remember though in the '70s, you and i were doing our homework by candlelight when we had a three-day week. it did need rebalancing from that point of view. takes those lessons from those micropolicies which were successful whether there's some lessons today that need to be drawn by this current government because they are trying to kick-start wider only ownership but thatcher gave people the right to own their own homes but they had to qualify for mortgage on affordable income. >> that's one thing which the thatcher government did particularly in the early to mid 1980s. the big liberalization financial markets. scrapping of competition and credit control happened a lot earlier. we had banks and buildings more able to lend the household sector. of course we had the big sales of public sectoral council housing to public sector tenants as well. we're starting from a very, very dif
and obviously one contentious p policy was power between employers and trade unions. arguably now the u.k. has a much better industrial relations record than it did before 1979. >> you have to remember though in the '70s, you and i were doing our homework by candlelight when we had a three-day week. it did need rebalancing from that point of view. takes those lessons from those micropolicies which were successful whether there's some lessons today that need to be drawn by this current...
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Apr 23, 2013
04/13
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CNBC
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for japanese investors, the incen incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion themselves. >> right. yeah. >> so the peripheral narrowing makes a lot of sense. german yields are at such low levels, i wouldn't want to be rushing to put some of the o'neill trust in there. i think the spread timing going on with it makes a bit of sense. >> it's just interesting, as you say, tu look at what japan is doing and the attention shifting now to not just what they hope to achieve, but whether they'll actually be able to accomplish it. after averaging 0.6% deflation for the last couple of decades, are they going to hit 2%? is there, you know, a reason why people here, after the rallies that we've s
for japanese investors, the incen incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion...
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Apr 16, 2013
04/13
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CNBC
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i think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has seen a lot of liquidity expansion. first from the fed and then lastly from the bank of japan. and combined with the renewed commitment from the ecb to protect the euro, this has depressed yields to these kind of levels. i think it's difficult to see us going dramatically further. and if anything, strategically, we think that the three major problems in europe, the recession, inconsistent crisis management and rising political and social backlash against austerity are likely to come through and that leaves spain and italy very vulnerable to a sharp increase in yields. we're looking, for e
i think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has...